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Bookmark or Share- What will global GDP look like in 2030? | World Economic ForumIn 2015 in Africa, the average GDP per person was $20,000 less than the global average, at around $4,000. The ERS International Macroeconomic Data Set shows that the average GDP per person in the United States for 2015 was more than $50,000.
- A brief history of China’s economic growth | World Economic ForumWhile the average growth rate of real GDP between 1978-2012 has been an impressive 9.4%, that figure could decline to between 7-8% between 2012-2024 in the authors’ base case. This is significantly higher than most commentators believe is likely given clear signs of a slowing economy in China’s recent economic data. Here are their projections:
- 8 things you need to know about China’s economyAt the outset of the reforms in 1978, China was poor. It had a GDP per capita level similar to Zambia – lower than half of the Asian average and lower than two thirds of the African average. China experienced an average GDP growth of close to 10% per year until 2014, raising per capita GDP almost 49-fold, from 155 current US Dollars (1978) to ...
- Where is China’s economy headed? | World Economic ForumChina has set ambitious goals for economic growth. Experts maintain that new avenues of growth and high-quality growth will be critical for the Chinese economy. Economic growth in China was a major topic of discussion at the Annual Meeting of the New Champions 2024.
- This is how China’s economy has changed in the last 10 yearsIn 2006, China’s level of debt to GDP was 170%, and holding relatively steady – as it continued to do for another two years, until the crisis kicked in. Image: McKinsey Company Since then, China’s debt has exploded to 282% of GDP – in dollar terms, approximately quadrupling.
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